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ACROSS

Retail

Euroshop Highlights 2023 Part 2: How to shop for the future!

The retail trade of tomorrow will be on show at Euroshop 2023. For ACROSS, Heidemarie Kriz went in search of the most promising innovations. Read the second part of her trade fair report. The focus is on applications from the fields of AI, AR and VR.

EuroShop 2023 Highlights Part 1 – The Future of Retail

For more than 50 years the EuroShop has been a global innovation and information platform and is one of the most important industry events for the world of international retail. Over 1,750 exhibitors coming from 55 countries will be present at the 21st edition of the trade show. Especially throughout these difficult times, the industry is on the lookout for contacts, opportunities and perspectives. Heidemarie Kriz took a look around Düsseldorf for ACROSS.

Credit: Grosvenor

SWEATY BETTY SELECTS LIVERPOOL ONE FOR LARGEST RETAIL STORE IN NORTH OF ENGLAND

Grosvenor announces the signing of global activewear and lifestyle brand, Sweaty Betty, at Liverpool ONE, marking the brand’s standalone city store debut. Joining the extensive range of premium lifestyle brands on Peter’s Lane, the new 242 sq m Sweaty Betty site will be the brand’s largest retail store in the North of England.

Credit: The O2

THE O2 HAILS SUCCESSFUL JANUARY AND HALF-TERM TRADE

The O2’s Entertainment District and shopping outlet, Icon Outlet have experienced a good trading period throughout the January and February half term, which follows a successful 2022 performance.

Credit: URW

UNIBAIL-RODAMCO-WESTFIELD CONCLUDES 732 LEASE CONTRACTS IN 2022

Unibail-Rodamco-Westfield currently operates 23 centers in the Germany and Austria region: 21 in Germany, eight of them in the Group’s own portfolio, and two in Austria. A total of 732 leases were concluded for these 23 centers last year. In addition, the mixed-use project Westfield Hamburg-Überseequartier, which is being developed by URW in Hamburg’s HafenCity until spring 2024, also experienced a lot of activity in 2022. The pre-letting rate for the retail, dining, and leisure sectors is now 73 percent.

Liv England and Matt Paulson-Ellis

SLOANE STANLEY BUILDS ITS LEASING TEAM

Sloane Stanley has announced the recent appointment of specialist independent property consultants, Levy Real Estate, to join the existing leasing team across the whole Estate incorporating the King’s Road and Fulham Road.

“A Stage for Future-oriented Topics and Their Actors”

When he founded ACROSS in 2008, Reinhard Winiwarter said, “I love retail.” That same phrase now serves as his motivation in 2023. In his personal review of the past 15 years, the founder of, editor of, and provider of ideas for ACROSS emphasizes how important it is to orient oneself towards forward-looking topics in the dynamic retail real estate world. However, the key factor that determines one’s own success and that of the industry is passion for the industry.

MIPIM 2023: Best Mixed-Use Projects

Developers have increasingly turned their attention to mixed-use retail developments for their new construction projects and the redevelopment of urban areas. In the post-pandemic era, consumers are looking for diverse work, leisure, and shopping places. Mixed-use, therefore, is not a trend – it is the future of real estate. The following projects are the finalists in the mixed-use category of the MIPIM Awards.

Shopping centers should adopt the successful concepts of their outlet colleagues?

“Could this be the right time for the shopping center industry to pull itself together and adopt the successful concepts of its outlet colleagues? – This question was raised at the end of the first Retail Talk in 2023. On February 15, 2023, a top-class panel discussed “Outlets – A Winning Retail Format.”

“We Could Save the World”

When it comes to shaping the future in a positive way, it is impossible to overstate the influence retailers can have. Retail and shopping centers should become much stronger communicators of a positive consumer vision, especially with regard to sustainability, says Andreas Steinle, CEO and founder of Zukunftsinstitut Workshop. The crisis year of 2023 must be a year in which retailers recapitulate their understanding of their role.

credit: Globus

Redos buys Globus supermarket in western Germany

The redos group, an investor, asset and fund manager specializing in large-scale retail properties, has bought a GLOBUS store in Wesel in western Germany. The property was acquired from Union Investment as part of an asset deal for the special AIF “Redos Retail Germany III”.

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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